Rename Signed EIN with airSlate SignNow

Rename initial EIN

so the question is do you need a new ein i've read a new you know a number of different responses to this question online and i figured i would make a video letting you guys know the answer using what the irs says on their actual website so no confusion there shouldn't be you know oh well i read on this lawyer.com website this person's website this is the irs's website so here is the uh specific answer that many of you guys are looking for generally businesses need a new ein employer employee identification number when their ownership or structure has changed although changing the name of your business does not require you to obtain a new ein you may wish to visit the business name change page to find out what actions are required if you change the name of your business and of course i will have a link to this page down below um for you guys as well but it says the information below provides answers to frequently asked questions about changing your ein if after reading the information below you find that you need a new ein of course i have a video that helps walk you guys through the steps that you can take to get a ein sole proprietor you will be required to obtain a new ein if any of the following statements are true you are subject to a bankruptcy proceeding you incorporate this is the most important one right here if you incorporate or if you take in partners and operate as a partnership also you purchase or inherit an existing business that you operate as a sole proprietorship so most importantly though if you incorporate so if you are someone who is a sole proprietor and you have a dba if you registered with your town or your city but you have not actually formed an llc or an s corp well at this point you might decide well business is going well my accountant or tax person suggested that i form an llc instead of being a sole proprietor at that point when you go from being a sole proprietor with your ein that you already got which yes you can have an ein as a sole proprietor um basically an independent contractor a freelancer essentially when you convert from being a sole proprietor an independent contractor a freelancer to being an llc or an s corp or a partnership at that point you are incorporating and you are in a position will you where you will be required to get a new ein now you will not be required to obtain a new ein if any of the following statements are true if you change the name of your business if you change your location and or add other locations and or if you operate multiple businesses you will not be required to obtain a new ein of uh for any of the following statements...